Withdrawals have been Paused on Nicehash

avatar


image.png
Source

I have been Mining Ethereum for almost a month now and I have been doing that on Nicehash and it had been pretty normal for a long time but yesterday I suddenly saw a notification from Nicehash that said that they have paused withdrawal as they have encountered a security threat.

image.png

Now, this indeed resulted in some panic situation as a lot of people thought that this was an Exit Scam and I am sure of it because some of my friends that only started Mining recently and also into cryptocurrency got so scared that they literally started spamming me with texts as to what's going to happen after this.

Now it is still not clear what the actual security threat was and even though at this point in time withdrawals have been re-enabled we still don't know what actually happened. But rest assured I have got a lot of trust in Nicehash especially because the last time Nicehash got hacked and lost a lot of funds they indeed paid out all dues and then once again started their operations. So yeah that was really good on part of Nicehash.

image.png



0
0
0.000
1 comments
avatar

Now, this indeed resulted in some panic situation as a lot of people thought that this was an Exit Scam

This was also my first thought after I have read the title of your post. Hopefully this is not the case.

0
0
0.000